BOQ SpecialistBusiness Loan

Goodwill (Practice Purchase Loan)

Offered by BOQ Specialist

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Key Product Facts

Product type

Business Loan

Indicative rate

8.85%

Product overview

Do you dream of owning your own private practice? Or a share of an existing practice? Our extensive experience in lending to doctors, dentists and vets means that we understand the value of your profession and are able to lend against the practice's goodwill and equipment, rather than your home. We can lend up to 100% of the amount you need to buy an existing practice without requiring you to use your home or other property as security. We can also lend up to 100% of the amount you need to buy into an existing partnership or increase your share in a practice. Existing partners can remain unaffected as we only take security interest over your share of the partnership.

Is this product competitive?

There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.

Advertised rate

8.85%

Comparison rate

N/A

Compare similar business loans

Key product details

Category
Business Loans
Subcategory
Business Loan
Purpose
OTHER
Repayment type
PRINCIPAL_AND_INTEREST